Stock Analysis
- Saudi Arabia
- /
- Beverage
- /
- SASE:2282
Naqi Water First Quarter 2024 Earnings: EPS: ر.س0.40 (vs ر.س0.56 in 1Q 2023)
Naqi Water (TADAWUL:2282) First Quarter 2024 Results
Key Financial Results
- Revenue: ر.س57.7m (down 2.8% from 1Q 2023).
- Net income: ر.س7.91m (down 29% from 1Q 2023).
- Profit margin: 14% (down from 19% in 1Q 2023). The decrease in margin was primarily driven by higher expenses.
- EPS: ر.س0.40 (down from ر.س0.56 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Naqi Water shares are down 3.6% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Naqi Water, and understanding it should be part of your investment process.
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About SASE:2282
Naqi Water
Engages in the production and bottling of pure filtered water in the Kingdom of Saudi Arabia.
Excellent balance sheet with poor track record.